Linda Wally's questions to Federal Signal Corp (FSS) leadership • Q1 2025
Question
Linda Wally, on for Michael Shlisky at D.A. Davidson, inquired about the rental business's performance in Q1, sought confirmation that orders were not pulled forward due to tariffs, asked about the ability to reprice the existing backlog, and requested an update on the integration of Hog Technologies.
Answer
CFO Ian Hudson reported that the rental business saw double-digit growth and is a key strategic tool. President and CEO Jennifer Sherman reiterated that there was no sense of a tariff-related pull-forward and confirmed the company has the ability to surcharge its backlog if needed. She also stated that the integration of Hog Technologies is progressing well, with a positive customer reception.